Staff at the National Marine Aquarium in Plymouth have been warned that their jobs are under threat.
According to a report from The Herald, the NMA was forced into considering job cuts and was going to 'refocus its activities.'
Managing director Andrew Robertson was reported by The Herald as saying: "There will regrettably but unavoidably be a period of transition which could result in a limited number of redundancies.
"We are taking action now to make sure it (the aquarium) is here to stay and that it becomes a key element of marine science not only in the South West but in the UK as a whole."
"A few weeks ago we were looking at how the company is going to restructure. We are still talking to members of staff."
Robertson told The Herald that the organisation was facing a constant financial challenge, especially in the current economic climate.